AI assistant
Arlo Technologies, Inc. — Director's Dealing 2022
Aug 10, 2022
31778_dirs_2022-08-10_13ce9330-5549-4954-82db-270809994f34.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Arlo Technologies, Inc. (ARLO)
CIK: 0001736946
Period of Report: 2022-08-08
Reporting Person: Busse Brian (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-08 | Common Stock | A | 83620 | $0.00 | Acquired | 513046 | Direct |
| 2022-08-08 | Common Stock | F | 41459 | $7.42 | Disposed | 471587 | Direct |
| 2022-08-08 | Common Stock | F | 13820 | $7.44 | Disposed | 457767 | Direct |
Footnotes
F1: On August 8, 2019, the Reporting Person was granted a performance stock unit ("PSU") based upon total relative shareholder return during certain established performance periods over a period of three years, which was voluntarily reported on a Form 4 filed August 12, 2019. On August 8, 2022, the Board approved the achievement of the performance criteria, resulting in the grant of an RSU.
F2: Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of the PSU.
F3: This price reflects the fair market value at the end of the performance period which is the date used to calculate the Reporting Person's tax withholding.
F4: Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of RSUs.